The short version
Exeter Five REIT DEV, LLC is a limited liability company organized in Delaware (formed 2025), based in Radnor, PA, one of 13 issuers in the sponsor group Exeter Five.
What this means This is one deal company run by a team with 13 companies on file. The group page shows the whole team's track record; this page is the one deal.
It has filed 1 Form D filing (Jan 6, 2026) for 1 offering, reits and finance under Rule 506(b): $120K sold of $125K offered to 120 investors, minimum investment $1,000, first sale Dec 23, 2025.
What this means 96% of the target was sold by the filing date — about $1,000 per investor. Rule 506(b) means no public advertising; up to 35 non-accredited investors may take part.
Key people as listed: Henry Steinberg (executive officer and director) and J. Peter Lloyd (executive officer and director).
What this means A two-person team on paper — these are the people the company itself named as running or promoting it. Tap a name to see every other deal they are on.
Reported money out: $6,000 in sales commissions (latest filing per offering). Paid to sell it: ICA, LLC.
What this means $6,000 went to brokers for selling it (about 5% of what was sold).
Sister issuers in the group include Exeter Five REIT Midsouth, LLC, Exeter Five REIT Midwest, LLC, Exeter Five REIT South, LLC and 9 more.
Activity: 1 new offering in the last 12 months; no amendment on file; latest filing Jan 6, 2026.
What this means Still raising money this year.
Searched SEC Form ADV bulk data (registered + exempt reporting advisers) (24,962 records as of Oct 2, 2026, 8:00 AM ET) — nothing matched Exeter Five REIT DEV, LLC.
Public records searched: federal courts (CourtListener / RECAP), SEC enforcement releases, state securities regulators (AK, AL, AR, AZ, CA, CO, CT, DC, DE, FINRA, FL, GA, HI, ID, IL, KS, KY, LA, MA, MD, ME, MI, MO, MS, MT, NASAA, NC, ND, NH, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, WA, WI, WV, WY), property records (NYC, FL, IL and TX counties) — none found.
What this means Nothing turned up where we looked (4 sources). That does not prove there is nothing — it means none was found in those sources on that date.